Cases & Rulings: September/October 2019

Supreme Court Agrees to Review IBM Stock-Drop Decision: In Retirement Plans Committee of IBM v. Jander, No. 18-1165 U.S. (certiorari granted June 3, 2019), the U.S.
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Company & Media Highlights

● OwnersEdge Inc., a Brookfield, Wisconsin based ESOP, has acquired QComp Technologies.
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Company & Media Highlights

Dublin, New Hampshire’s Yankee Publishing has sold 30% to its employees through an ESOP.
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Company & Media Highlights

● Longtime ESOP Lifetouch is set to be acquired by California photography giant Shutterfly to the tune of $825 million in
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Company & Media Highlights

● Oregon’s Organically Grown Company (OGC) has converted from an ESOP to a new business structure called a “purpose trust.” It is designed to preserve OGC’s social and environmental mission well into
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Company & Media Highlights

● The Clicks Group, an 8,000-employee South Africa-based retailer of health and wellness products across
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Company Highlights

● BSA LifeStructures, Indianapolis’s largest architectural firm, is now 100% ESOP-owned.
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